Kongsberg Automotive wins contract worth EUR 21.4 million in estimated lifetime revenue
Kongsberg Automotive’s Powertrain and Chassis (P&C) business segment has won a transmission control product contract worth EUR 21.4 million in estimated lifetime revenue, and average annual revenue of EUR 3 million. The secured contract is for Kongsberg Automotive's modular manual gear shifters with the Silverline® cables. This system is used to shift gears efficiently and reliably in trucks and ensure driving comfort for the users. The customer for this product is a sub-company of China's largest commercial original equipment manufacturer (OEM), based in southwest China. Production